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Pyramid CDC - SMARTNet Customer Service Review

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Term
Definition
show The process of automatic or manual ordering to meet product demands.  
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Inventory Life Cycle   show
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show The term used when there are fewer items in stock than in total inventory record, resulting from expired products, damage, theft and/or paperwork errors.  
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Inventory Tracking Systems   show
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show A written statement that contains information about a sale transaction. Invoices typically include information such as the price, number of products purchased, ect.  
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show A written statement about a specific job, which may include details, such as the company name, job title, purpose of the position, job’s duties and responsibilities, scope of role, qualifications and requirements for the position, title of the role’s supervisor and the job’s working conditions.  
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Key Performance Indicator (KPI)   show
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show A pricing method in which a retailer simply doubles the cost of an item in order to determine its retail price.  
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show A type of add-on service that allows customers to make an initial deposit on merchandise and then pay for the rest over a specific time.  
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Loss Leaders   show
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Loss Prevention (Sometimes Referred to as Asset Protection)   show
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show Marketing programs that provide incentives to repeat customers who are loyal company brand shoppers. These programs generally use customers' personal information, purchase history and preferences to refine their product and service assortment, target promotions to consumer groups or individual customers and reward loyal shoppers.  
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Loyalty Fraud   show
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Manufacturer   show
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Marketing   show
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show A combination of marketing tools and strategies that a retailer uses to influence customers to purchase its products.  
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show Reductions to the original selling price of items, done to encourage rapid sales.  
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Markup   show
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Markup Pricing   show
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show Physical goods that are bought and sold, such as food, clothes and household items.  
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